PTAD Pays N55.9bn Monthly Pensions In December

Pension Transitional Arrangement Directorate (PTAD) says it has disbursed the sum of N55.9 billion as monthly pensions and pension arrears to eligible pensioners and next-of-kins of deceased pensioners under the Defined Benefits Scheme (DBS) in December, 2025.

The payment covers N13,411,400,362.87 as monthly pensions across all operations pension departments, including diaspora pensioners, while N42,501,348,236.06 was paid as pension arrears.

The arrears payment covers outstanding obligations arising from the N32,000.00 pension increment, as well as the 10.66 per cent and 12.95 per cent pension increments, in addition to other accrued pension arrears, gratuity, and death benefits owed to eligible beneficiaries.

The breakdown of the arrears payment across the pension departments is as follows: Police pension department: N5,881,592.00 paid to 5 pensioners; Customs, Immigration and Prisons pension department: N604,332,733.96 paid to 8,606 pensioners; civil service pension department; N16,362,359,730.91 paid to 71,643 pensioners and defunct and transferred agencies department: N15,066,055,536.83 paid to 24,995 pensioners.

Others are parastatals pension department, N7,808,635,906.98 paid to 25,718 pensioners; tertiary education and health department, N2,370,854,790.39 paid to 28,245 tensioners; and gratuity and death benefits: N289,109,536.99 paid to eligible next-of-kin of deceased pensioners.

“With these payments, arrears resulting from the N32,000.00 pension increment have been fully liquidated across all pension departments, except for one month each outstanding for pensioners in the PaPD and TEHD,” PTAD said in a statement.

Speaking on the payments, executive secretary of PTAD; Tolulope Odunaiya, stated that the payments reflect President Bola Ahmed Tinubu’s unwavering commitment to the welfare of senior citizens, in line with the administration’s Renewed Hope Agenda.

She further reaffirmed the directorate’s commitment to clearing the remaining one month arrears owed to PaPD and TEHD, while continuing to implement initiatives aimed at improving the welfare and overall well-being of DBS pensioners.